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Pledging of Gold for AGriculturist.

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(Querist)
18 October 2009 Is there any scheme for the Agriculturist in the nationalised bank or in the cooperative bank (TamilNadu)that Gold Pledging entails very nominal interest i.e 3 or 4% p.a.
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
19 October 2009 Its there but it is not 3or 4% it will be more than 6% and less than 9% dependig on each Bank's head office guidelines.

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